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Acquisitions, RV Segment Boost Drew’s 3Q Sales

October 31, 2014 by · Leave a Comment 

Drew Industries Inc., parent to Elkhart, Ind.-based supplier Lippert Components Inc., reported higher earnings and a 17% increase in sales for its third quarter, lifted by strong performance in the RV sector and revenue from acquisitions during the past year. Net income during the quarter, ended Sept. 30, totaled $15.5 million, or 64 cents per diluted share, compared to net income of $14.8 million, or 62 cents per diluted share, for the previous year. Consolidated net sales in the third quarter of... Read more

Go RVing Ad Runs During World Series Game 7

October 30, 2014 by · Leave a Comment 

Go RVing ran its 30-second “Victory” advertisement during Wednesday (Oct. 29) night’s Game 7 of the 2014 World Series. The Recreation Vehicle Industry Association (RVIA) reported in a news release that the Go RVing “Victory” spot, which features a family using their RV at their daughters’ soccer tournament, ran during a pivotal part of the game with the score 3-2 in the middle of the 8th inning. “The biggest thing we try to do with our outreach is to increase consumer awareness,”... Read more

RVIA Anticipating High-Energy Louisville Show

October 29, 2014 by · Leave a Comment 

RVIA President Richard Coon Buoyed by a vibrant show season and the momentum of a prolonged growth cycle, the Recreation Vehicle Industry Association (RVIA) is readying for a high-energy National RV Trade Show as the organization rolls out its 52nd edition Dec. 2-4 at the Kentucky Exposition Center (KEC) in Louisville. “You know, it really looks like all the stars are in line,” said RVIA President Richard Coon. “Business is pretty darn good right now. I’ve been to a lot of the major shows... Read more

Newmar’s Appreciation Dinner Honors Suppliers

October 27, 2014 by · Leave a Comment 

Newmar honored its suppliers in an Appreciation Dinner on Oct. 23. Shown are: Back row (L-R): Ron Stichter, Newmar VP of Engineering; Michael O’Connell, Newmar VP of Purchasing; Terry Martin, Newmar Purchasing Agent; Kevin Bogan, Newmar VP of Manufacturing; Dylan Jones, Equipment Service/Stressco. Front row (L-R): Jerry Bernaert, Newmar Purchasing Agent; Elizabeth Hall, Newmar Purchasing Agent; Ross Yoder, owner of Equipment Service/Stressco; Tim Pennington, Equipment Service/Stresco; Tonya Haab,... Read more

RVIA: Sept. Shipments up 10.5%; Best in 7 Years

October 25, 2014 by · Leave a Comment 

RV manufacturers reported shipments to retailers of 24,869 units in September this year which were 10.5% greater than this same month one year ago.  This was the highest September total in seven years with gains recorded in all vehicle categories. Seasonally adjusted, shipments in September were at an annualized rate of more than 340,000 units. Year-to-date, total RV shipments have now climbed to 271,352 units through the first nine months of the year with towable RVs up 8% while motorhomes shipments... Read more

RVIA’s California Show Posts Attendance Growth

October 20, 2014 by · Leave a Comment 

Steve Hauser and Pablo Camona look on as Tom Gaither affixes the RVIA seal to the Genesis travel trailer built at the California RV Show. (Photo courtesy of RVIA) Following a strong first weekend, the 10-day 62nd California RV Show that ended Sunday (Oct. 19) set a post-recession record of 33,269 visitors, up 15.1% over last year. “This show is turning the corner,” said Tom Gaither, western RV show director for the sponsoring Recreation Vehicle Industry Association (RVIA). “The... Read more

Potts: Winnebago Staying in Step With the Times

October 17, 2014 by · Leave a Comment 

Winnebago’s Randy Potts Behind continued strong performance in its motorhome segment coupled with improvements on the towable side, Winnebago Industries Inc. capped off its 2014 fiscal year with a solid fourth quarter that positions the company for more growth moving forward. “It was definitely a great finish to the year,” Chairman, President and CEO Randy Potts told RVBUSINESS.com. “As we said coming out of the recession, we’re doing more with less. Like everybody, we had to change... Read more

Winnebago Income up 21.8% in 4Q, 41% for Year

October 16, 2014 by · Leave a Comment 

Winnebago Industries Inc. today (Oct. 16) reported double-digit gains in fourth-quarter revenue and earnings, boosted by continued strength in its motorhome division coupled with improved profitability from the company’s towable unit. Revenue for the fiscal 2014 fourth quarter, ended Aug. 30, increased 14.8% to $245.9 million versus $214.2 million for the fiscal 2013 fourth quarter. During the period, net income grew 21.8% to $12.9 million and diluted earnings per share increased 26.3% to 48... Read more

Pomona Show’s Traffic Up 8% on First Weekend

October 13, 2014 by · Leave a Comment 

Attendees check out product and events at the Pomona Show Amid a recovering Golden State economy, the Recreation Vehicle Industry Association’s (RVIA) 62nd Annual California RV Show at the Fairplex in Pomona saw an 8% increase in attendance during its first weekend. ”The economy in California is starting to see the improvement that other states already have seen,” said Tom Gaither, RVIA’s western show director. ”We got hit pretty hard out here during the Great Recession.... Read more

SSI: Motorhome Sales Increase 11.5% In August

October 11, 2014 by · 1 Comment 

August motorhome retail registrations grew 11.5% compared to the same period a year ago while sales increased 13.8% year-to-date, according to the latest report by Statistical Surveys Inc. (SSI). Forest River Inc. was the sales leader for the first eight months with a 25.5% market share, edging out No. 2 Thor Industries Inc. which captured a 24.4% share. Winnebago Industries Inc. was third with a 21.1% share. The Class A motorhome market posted a 7.8% gain in August and a year-to-date increase of... Read more

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